KUALA LUMPUR, Malaysia (AP) – Malaysian Finance Minister Lim Guan Eng said yesterday the government plans to introduce new tax measures to help raise funds to pay off national debt that has snowballed due to corruption under the previous government. Lim said it will take the government three years to resolve its fiscal woes due […]
Read MoreThe Hanoitimes – Vietnam’s market has 18 life insurers, of which only Bao Viet Life Insurance is Vietnamese while the rest are wholly foreign-owned companies or joint ventures. The domestic fast-growing insurance market has prompted many foreign companies to step up their presence in Vietnam in the past years. Vietnam’s insurance sector has targeted revenue of […]
Read MoreSET-listed banks are estimated to deliver lower quarter-on-quarter net profit for the third quarter but higher year-on-year earnings, say analysts, noting the waiver of transaction fees for digital banking dealt a blow to their fee-based income and net profits. Ten listed banks covered by Phillip Securities Thailand are forecast to post a combined net profit of […]
Read MoreIndonesia has a blunt message for the U.S. Federal Reserve’s Jerome Powell and other global financial chiefs gathering in Bali this week: be mindful of the effects of your policies on emerging economies. Even though authorities in the Southeast Asian nation are taking the right steps to stabilize the currency and keep deficits on the […]
Read MoreKUALA LUMPUR: Malaysia’s third push to build a national car brand may see it sourcing parts from Southeast Asian neighbors, as the region forges stronger ties to weather out the U.S.-China trade tensions. Prime Minister Tun Dr Mahathir Mohamad’s dream of developing a homegrown automotive brand has courted interest from neighboring countries, Minister of International Trade and Industry Darell […]
Read MoreSINGAPORE: Singapore’s financial regulator is willing to lend a hand to cryptocurrency firms having problems setting up local bank accounts, but doesn’t plan to loosen its rules to lure more crypto startups to the country. “We should not be trying to create an extremely lax regulatory environment in order to attract that kind of business,” […]
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Thailand
